CFO / Financial
As Price Plunges Continue, Reinsurer Loss Buffers Are Drying Up: Allianz Re
Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according to the head of Allianz SE's reinsurance unit. "I don't think there are too ...
U.S. P/C Industry Maintains Stable Outlook for 2016 Despite Tough Market: S&P
Despite ongoing soft market conditions, declining statutory surplus and "unsustainable levels" of reserve releases, the U.S. property/casualty industry will maintain a stable outlook for 2016, ...
Understanding A.M. Best’s New Capital Model: Matthew Mosher Q&A (Part 2)
A.M. Best is overhauling the calculation of the Best's Capital Adequacy Ratio used in its assessments of insurer capital strength. In part 1 of an interview with Carrier Management, Matthew Mosher, ...
Q&A: Don’t React to Rumors on A.M. Best’s New Model, COO Mosher Says
A.M. Best is overhauling the calculation of the Best's Capital Adequacy Ratio used in its assessments of insurer capital strength, but higher resulting risk charges and correspondingly lower BCAR ...
BCAR Revisited: Understanding A.M. Best’s New Model
Carriers can toss out old playbooks that helped them map financial metrics into A.M. Best ratings, according to rating agency analysts, who are putting finishing touches on a new capital adequacy ...
In Q4, Markel Improved Combined Ratio and Grew Net Income
Markel Corp. reported $197.9 million in net income to shareholders for the 2015 fourth quarter, up from $117.6 million during the same period in 2014. For the full-year 2015, the Richmond, ...
Agent Onboarding Solution Checklist for Insurance Companies and Agencies
Companies rely on agents to drive growth, but the onboarding process typically moves slowly due to corporate, regulatory and verification requirements. The delay in bringing agents on board directly ...
Insurers/Reinsurers Latest Casualties of Oil Price Slump as Premium Rates Plunge
The insurance industry is becoming the latest casualty of the oil price slump, with postponements and cancellations of energy projects forcing down premium rates and income in a market that was ...